SINGAPORE - Media OutReach - 14 July 2021 - GBG (AIM:GBG), the global expert in digital identity, helping
businesses prevent fraud and meet complex compliance requirements, has
announced the appointment of Bernardi Susastyo as General Manager of Asia,
Shekhar Bhagat as Head of Alliances of Asia Pacific (APAC) and Ng
Han Liong as Head of Presales of Southeast Asia (SEA) to drive GBG's growth
and innovation capabilities across the region.
Last month, GBG announced record financial performance, profits & customer satisfaction, registering
a year-on-year constant currency organic revenue growth of 12.1 per cent between FY2020 and FY2021. To further bolster this growth momentum, the new senior hires will lead and
drive penetration in key markets across APAC. In addition to these senior
hires, the company is continuing to invest in talents and is recruiting more
than 100 roles globally, out of which 42 per cent will be within the APAC
The pandemic has accelerated digitalisation in this region, which resulted
in a hyper growth
in the digital population; in Southeast Asia
alone, more than 40 million users came online in 2020.
With today's digital-first economy, financial institutions (FIs) need more
robust measures to bridge the increasing volume and complexities of online fraud,
financial crime and cyberthreats. To deepen GBG's engagement with senior
decision makers and further enrich fraud and compliance management, the company
has made the following senior appointments based out of Singapore:
- Bernardi Susastyo joins as General
Manager of Asia. Bernardi brings with him close to three decades of industry
experience and has held various senior leadership positions at Advance.AI,
Experian, and SAS. With his extensive knowledge of the SEA financial services
industry, Bernardi will be responsible for bolstering GBG's foothold and establishing
market leadership especially in the SEA region.
- Shekhar Bhagat joins as Head
of Alliances of APAC. Shekhar
will be responsible for establishing technology and data partnerships, as well
as a network of channel partners to support local sales activation across APAC.
Today, GBG's Intelligence Center ingests datasets from both APAC and global
technology and data partners to offer nine built-in capabilities that enriches
fraud detection using data such as IP, device, email, endpoint threat,
location, mobile, and social media. By bringing more APAC technology and data
partners onboard, GBG aims to add more regional datasets to provide customers
with even stronger dynamic data intelligence to enrich fraud detection and
prevention. Shekhar joins from Experian, where he was Director of Partnership
Han Liong joins as Head of
Presales of SEA. Han Liong is an experienced regional solution leader and
compliance specialist, having spent the last 10 years in Oracle, Thomson
Reuters, and IBM working with the financial services sector. He will facilitate
market penetration efforts and sales readiness to expand our reach into
Vietnam, Thailand, Indonesia, and the Philippines further. With the addition of
this role, GBG is committed to continue engaging with customers in a
consultative style – providing more holistic solutions to both new and existing
Dev Dhiman, Managing Director,
APAC at GBG shared, "Bernardi,
Shekhar, and Han Liong, bring a wealth of experience and knowledge to GBG that
will enable us to boost our presence in the region and position ourselves for
long-term sustainable growth in Southeast Asia, and across APAC. Today, GBG is
well-positioned as APAC's leading fraud, compliance, identity and location
intelligence solution provider, for both large and small organisations across
multiple industries. Having these new hires onboard will enable us to grow from
strength to strength."
"Singapore is Asia's premier business and tech hub with excellent
regional and international relations, local talent pool, and collaborative tech ecosystem in the financial
services space. Leveraging on these resources, the team will bring to market sustainable
solutions and create robust partnerships across data, technology, and channels that
can help financial institutions improve the detection and prevention of emerging
financial crime. " continues Dhiman.
Rest of APAC
In addition to investing in talent and growing its leadership team in
Singapore, GBG is also increasing its technology footprint in Malaysia. The
technology team size in Malaysia has grown by four times to focus on innovating
the next-gen financial crime platform. This investment is critical to keep our
award-winning solutions ahead of evolving financial crimes. Further south in APAC,
our acquisition of greenID identity verification solution, and Loqate location
intelligence solution, has seen a healthy year-on-year growth. These solutions
are serving a number of verticals including financial services, fintech,
wagering, telco, government, retail, and education in the Oceanic region today
and their strong market fit would benefit customers in Asia as we broaden our
identity verification and location intelligence product portfolio in the coming
As the category leader across three Chartis RiskTech Quadrant®— Enterprise
Fraud Management, Know Your Customer (KYC) and Anti-Money Laundering (AML)—GBG
is committed to innovating and fortifying defences to be more proactive and
agile against the burgeoning threat of Financial Crime 4.0. Helping
organisations build digital trust with modern fraud and compliance platform
with dynamic data intelligence and AI is a prime focus for APAC.
For more information about GBG's range of solutions in APAC, click here.
To view GBG recent awards and achievements, visit us here.
To read our recent press releases, click here.